DEPARTMENT OF BANKING AND SECURITIES
Actions on Applications
[50 Pa.B. 6785]
[Saturday, November 28, 2020]
The Department of Banking and Securities (Department), under the authority in the Banking Code of 1965 (7 P.S. §§ 101—2204), the Department of Banking and Securities Code (71 P.S. §§ 733-1—733-1203) and 17 Pa.C.S. (relating to Credit Union Code), has taken the following actions on applications received for the week ending November 17, 2020.
Under section 503.E of the Department of Banking and Securities Code (71 P.S. § 733-503.E), any person wishing to comment on the following applications, with the exception of branch applications, may file comments in writing with the Department of Banking and Securities, Bank Supervision or Credit Union and Trust Supervision (as applicable), 17 North Second Street, Suite 1300, Harrisburg, PA 17101-2290. Comments must be received no later than 30 days from the date notice regarding receipt of the application is published in the Pennsylvania Bulletin. The nonconfidential portions of the applications are on file at the Department and are available for public inspection, by appointment only, during regular business hours. To schedule an appointment, for banks (717) 783-8240 and for credit unions and trust companies (717) 783-2253. Photocopies of the nonconfidential portions of the applications may be requested consistent with the Department's Right-to-Know Law Records Request policy.
Holding Company Acquisitions
Date Name and Location of Applicant Action 11-16-2020 Dollar Mutual Bancorp
Allegheny County, PA
Filed Application for approval to acquire 100% of Standard AVB Financial Corp., Murrysville, PA, and thereby indirectly acquire 100% of Standard Bank, PaSB, Murrysville, PA.
De Novo Branches
Date Name and Location of Applicant Location of Branch Action 11-12-2020 First Citizens Community Bank
741 West Cypress Street
Opened 11-12-2020 CNB Bank
4001 Rockside Road
Cuyahoga County, OH
Filed 11-16-2020 Embassy Bank for the Lehigh Valley
180 West Main Street
Date Name and Location of Applicant Location of Branch Action 11-13-2020 The Dime Bank
To: 1564 Route 507
Approved From: 1586 Route 507
Consolidations, Mergers and Absorptions
Date Name and Location of Applicant Action 11-10-2020 First Credit Union of Scranton
Filed Application for approval to merge First Credit Union of Scranton, Scranton, with and into Penn East Federal Credit Union, Scranton.
The Department's web site at www.dobs.pa.gov includes public notices for more recently filed applications.
[Pa.B. Doc. No. 20-1658. Filed for public inspection November 25, 2020, 9:00 a.m.]
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